Urban Outfitters (URBN) Offering Possible 13.64% Return Over the Next 16 Calendar Days

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Urban Outfitters’s most recent trend suggests a bearish bias. One trading opportunity on Urban Outfitters is a Bear Call Spread using a strike $26.00 short call and a strike $31.00 long call offers a potential 13.64% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $26.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock rose above the $31.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Urban Outfitters is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Urban Outfitters is bearish.

The RSI indicator is at 23.64 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Urban Outfitters

Black Friday 2019 Live Updates: Online sales up 19.2% from a year ago
Fri, 29 Nov 2019 13:54:31 +0000
Yahoo Finance hits the stores to see how Black Friday has started for retailers.

Edited Transcript of URBN earnings conference call or presentation 19-Nov-19 10:15pm GMT
Tue, 26 Nov 2019 02:08:10 +0000
Q3 2020 Urban Outfitters Inc Earnings Call

Why Black Friday and Cyber Monday 2019 sales may blow minds
Mon, 25 Nov 2019 19:09:48 +0000
The start to the holiday shopping season may kick off with a bang.

Urban Outfitters, Inc. Just Released Its Third-Quarter Earnings: Here’s What Analysts Think
Fri, 22 Nov 2019 17:38:33 +0000
It’s been a sad week for Urban Outfitters, Inc. (NASDAQ:URBN), who’ve watched their investment drop 18% to US$25.10 in…

6 Retail Stocks Dropping Hard Ahead of Black Friday
Thu, 21 Nov 2019 19:25:28 +0000
U.S. equities are under pressure on Thursday as Washington criticizes China for its protest crackdown in Hong Kong. This, in turn, is threatening to undermine chances of a U.S.-China trade agreement after months of near-constant hints and teases that a deal was coming. As a reminder, the United States is set to impose another tariff hike on imports from China in December without a deal.And while President Donald Trump’s administration is trying to salvage optimism — with reports this morning that tariffs could be held back even without a trade deal — the nagging concern is that a deal just doesn’t happen before the 2020 presidential election. Beijing is likely betting that Trump is going to be replaced by a democrat more willing to pen a deal favorable to them. * 7 Marijuana Penny Stocks That Have Ridiculous Possibilities But until then, stocks are feeling the heat with selling focused on areas like retailers heading into the critical holiday shopping season. Here are six popular retail stocks that are being sold hard:InvestorPlace – Stock Market News, Stock Advice & Trading Tips Nordstrom (JWN)Nordstrom (NYSE:JWN) shares are dropping back down below their 200-day moving average, threatening a return to the lows set back in August, which would be worth a loss of more than 25% from here.The company will report on Thursday night after the close. Wall Street is looking for earnings to drop 89% from last year on a 1.7% drop in revenue. JWN management continues to focus on strategic initiatives like Growth 150 and Backstage stores as well as digital and mobile initiatives. Gap (GPS)Shares of beleaguered retail stock Gap (NYSE:GPS) are threatening to fall down out of a four-month consolidation range threatening a drop back to the 2016 low near $15, which would be worth a loss of more than 6% from here. Coverage was recently initiated with an underweight rating by a Barclays analysts. * 9 Tantalizing Dividend Stocks for 2020 The company will next report results on Nov. 21 after the close. Analysts are looking for earnings of 51 cents per share on revenues of nearly $4 billion. American Eagle Outfitters (AEO)Shares of American Eagle Outfitters (NYSE:AEO) are threatening to also fall out of four-month consolidation range, capping a decline of more than 50% from here. Watch for a drop back to the lows seen in the middle of 2017, which would be a drop of roughly a third from here.The company will next report results on Dec. 11 before the bell. Analysts are looking for earnings of 48 cents per share on revenues of $1.1 billion. Kohls (KSS)Shares of Kohls (NYSE:KSS) are dropping back below their 200-day moving average, returning to the lower end of its six-month consolidation range. A breakdown here would likely result in a loss of a third, returning to the lows seen in the summer of 2017. Shares were recently downgraded by analysts at Goldman. * 7 Penny Stocks to Consider Buying Now The company will next report results on March 3, analysts are looking for earnings of $1.99 per share on revenues of $6.6 billion. Urban Outfitters (URBN)Shares of Urban Outfitters (NASDAQ:URBN) have dropped back below their 200-day moving average, returning to the summertime trading range. Watch for a possible return to the August lows near $20, which would result in a loss of 20%. Overall, shares have lost roughly 50% from the highs seen in the summer of 2018.The company will next report results on March 3 after the close. Analysts are looking for earnings of 72 cents per share on revenues of $1.2 billion. Foot Locker (FL)Shares of Foot Locker (NYSE:FL) dropped back below their 50-day moving average after stalling at the 200-day moving average that has kept a lid on prices after breaking down back in May. Watch for a return to a low of $34 set back in late August.The company will next report results on Nov. 22. Analysts are looking for earnings of $1.08 per share on revenues of $1.9 billion. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Marijuana Penny Stocks That Have Ridiculous Possibilities * 7 High-Yield ETFs to Buy Now * 4 Dow Jones Industrial Average Stocks to Sell The post 6 Retail Stocks Dropping Hard Ahead of Black Friday appeared first on InvestorPlace.

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